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Introduction to Futures Trading
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Trump on Powell's Continued Tenure: No One Else Wants Him
On April 30, U.S. President Trump stated that ‘Mr. Too Late’ Powell wants to stay at the Federal Reserve because he can’t find a job elsewhere—no one wants him. Previously, Federal Reserve Chairman Powell publicly announced after the interest rate meeting on Wednesday that he would continue to serve as a board member after stepping down as chairman, extending his term until early 2028. This arrangement breaks the decades-long tradition of previous chairmen leaving simultaneously with their successors.